Cenvat credit in rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2014
In Supply of manpower , security services service provider is propreitor & service receiver is Ltd / Pvt ltd company. & in Legal & professional Advocate is indiviual / firm & service receiver is Mfg company.
So my question is that in above both cases service receiver is able to take cenvat credit ? & if yes plz let's know the procedure.
Waiting for reply.
In Supply of manpower , security services service provider is propreitor & service receiver is Ltd / Pvt ltd company. & in Legal & professional Advocate is indiviual / firm & service receiver is Mfg company.
So my question is that in above both cases service receiver is able to take cenvat credit ? & if yes plz let's know the procedure.
Waiting for reply.
31 May 2014
As per the notification no. 30/2012 w.e.f. 1.7.2012 in specified cases service receiver is liable to pay the service tax for the specified percentage.
And service receiver can avail cenvat credit for the same on the basis of tax paid challan (GAR 7)
It means you can get this credit only after the payment of service tax in cash.
And service receiver can avail cenvat credit for the same on the basis of tax paid challan (GAR 7)
It means you can get this credit only after the payment of service tax in cash.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Form 10BD Filling
- Eway bill for machinery reparing
- TDS ON CASH WITHDRAWALS...
- Query regarding TDS on EPFO Higher Pension Arrears*
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
